estate planning attorney in dearborn heights
Protect Your Family. Take Control of Your Assets
If you don’t have a Dearborn Heights Estate Plan, The Michigan State decides for you.
At The People’s Firm PLLC our estate planning attorneys in Dearborn Heights help you create the right documents that protect your assets. Under the Michigan State’s Protected Individuals Code, the state determines who has inherits your assets, who manages your finances and who raises your children if you become incapacitated. We help with estate planning for death by creating wills, and power of attorneys to legally protect your wishes and prevent frequent visits to the Probate court.
What Our Dearborn Heights Estate Planning Attorneys Can Do for You
Most Dearborn Heights families need more than just a will. They need accurate documents that protect their assets from being distributed by the State. Here’s what our estate planning attorneys in Dearborn Heights can do for you.
1. Prepare Your Last Will and Testament
It’s never too late or too early to have an estate plan in Dearborn Heights Michigan. We draft a will that determines who raises your children, who inherits your assets and who’s responsible for carrying out your wishes. Without one, Michigan’s intestate succession laws decide that.
Establish a Revocable Living Trust in Dearborn Heights
A will alone does not avoid probate in Dearborn Heights Michigan. You need a revocable living trust which transfers your assets directly to your beneficiaries at your death. With an estate planning attorney in Dearborn Heights Michigan, you can stay out of probate court keeping the process smooth, private and significantly cheaper.
3. Establish a Charitable Trust
A charitable trust allows you to support your charitable cause as part of your estate plan in Dearborn Heights. Charitable trusts may offer tax advantages and can be structured to benefit your family as well
4. Prepare an Irrevocable Living Trust
An irrevocable living trust transfers your personal assets to a separate legal identity with its own tax ID. This legal entity is the trust you established managed by a trustee on behalf of your beneficiaries.
Why Do You Need a Dearborn Heights Estate Planning Attorney
A Dearborn Heights estate planning attorney understands the local mindset and family structure. This gives them an edge over attorneys from different counties, cities and states. With an estate planning attorney in Dearborn Heights, you can protect your family’s future and enforce legal plans that fulfil your wishes and long-term goals.
1. Secure Multi Generational Families
Dearborn Heights has a strong multi-generation household culture. When the grantor passes away without an estate plan, it creates uncertainty of asset ownership. With a legally enforced estate plan backed by a strong will, you decide who inherits your assets. Finally, estate planning allows you to structure a trust for your elderly parents while passing assets to children.
2. Safeguard your Home From Probate Court
Dearborn Heights has one of the highest home ownership rates in Michigan with families owning property for decades. When the home owner passes away, it creates uncertainty of who owns the house. Without a proper estate plan, the case moves to the probate court and the State of Michigan decides the inheritance distribution. Working with an estate planning attorney in Dearborn Heights Michigan avoids probate court and transfers home ownership to the person mentioned in the will.
3. Plan for the Unexpected
According to Michigan’s Estates and Protected Individuals Code any individual can be deemed as a protected individual by a Probate court judge following a serious accident or illness rendering them incapable of managing their assets. In such cases, the State of Michigan steps in to appoint a guardian or conservator to manage their finances and assets.
The conservator or guardian is selected by the probate court based on who within the family or friends circle is best for the protected individual. In this situation, the immediate family members lose access to family assets and finances. The People’s Firm PLLC provides rush estate planning services when the time is of essence.
What is a General Durable Power of Attorney in Dearborn Heights Michigan
A general durable power of attorney is a legal document that appoints the person of trust whom you choose to make decisions on your behalf if you’re unable to manage your affairs. In Michigan, this person is known as an “agent” or “attorney in fact”
Depending on the power of attorney document, your agent may have the authority to manage the following;
- Your bank account and finances
- Bill payments
- Property matters
- Insurance matters
- Legal or business matters
Without a valid general durable power of attorney in Dearborn Heights Michigan your family may need to petition the probate court for guardianship or conservatorship in the case of incapacity. At The People’s Firm PLLC we help you prepare legally enforceable power of attorney documents that protect your family’s clear legal authority during emergencies.
Why Dearborn Heights Families Choose The People’s Firm PLLC
Estate planning attorneys aren’t hard to find. Here’s what makes The People’s Firm PLLC different.
10+ Years of Dearborn Heights Estate Planning Experience
We understand Michigan state laws and help families customize and plan their assets, wills, trust and goals.
We Explain Law in Simple Language
Estate planning can be overwhelming and difficult to understand. We break complex legal terms into straightforward guidance.
Serving Dearborn Heights and Surrounding Counties
We serve Dearborn Heights through our office. If you’re outside of Dearborn we can schedule a virtual consultation.